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Acquisition (Tables) | 3 Months Ended
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Jun. 30, 2019
Business Combinations [Abstract] |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The acquired assets and assumed liabilities include the following:
Accounts receivable |  | $ | 115,467 |
Inventories |  | 84,297 |
Other current assets |  | 6,822 |
Other intangible assets |  | 332,000 |
Property, plant and equipment |  | 20,987 |
Other assets |  | 9,005 |
Total assets acquired |  | $ | 568,578 |
Accounts payable |  | 35,803 |
Accrued liabilities |  | 41,918 |
Deferred income taxes |  | 56,331 |
Other liabilities |  | 12,642 |
Total liabilities assumed |  | $ | 146,694 |
Net assets acquired |  | $ | 421,884 |
Purchase price: |  |
Cash paid for net assets acquired |  | $ | 650,000 |
Fair value of shares issued for net assets acquired |  | 93,268 |
Working capital adjustment |  | (766 | )
Total purchase consideration |  | 742,502 |
Less: Fair value of acquired identifiable assets and liabilities |  | 421,884 |
Goodwill |  | $ | 320,618 |
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination | The following table summarizes the estimated fair value of Alpha's identifiable intangible assets and the initial assessment of their respective estimated lives:
|  | Type |  | Life in Years |  | Fair Value
Trademarks |  | Indefinite-lived |  | Indefinite |  | $ | 56,000 |
Customer relationships |  | Finite-lived |  | 14 |  | 221,000 |
Technology |  | Finite-lived |  | 10 |  | 55,000 |
Total identifiable intangible assets |  |  |  |  |  | $ | 332,000 |
Business Acquisition, Pro Forma Information | The following unaudited summary information is presented on a consolidated pro forma basis as if the acquisition had occurred on April 1, 2017:
| Quarter ended
|  | July 1, 2018
Net sales |  | $ | 835,292 |
Net earnings attributable to EnerSys stockholders |  | 58,665 |
Net earnings per share attributable to EnerSys stockholders - basic |  | 1.36 |
Net earnings per share attributable to EnerSys stockholders - assuming dilution |  | 1.34 |
Schedule of Intangible Assets | Information regarding the Company’s other intangible assets are as follows:
|  | Balance as of
|  | June 30, 2019 |  | March 31, 2019
|  | Gross Amount |  | Accumulated Amortization |  | Net Amount |  | Gross Amount |  | Accumulated Amortization |  | Net Amount
Indefinite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |
Trademarks |  | $ | 152,497 |  |  | $ | (953 | ) |  | $ | 151,544 |  |  | $ | 152,484 |  |  | $ | (953 | ) |  | $ | 151,531 |
Finite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships |  | 286,552 |  |  | (48,224 | ) |  | 238,328 |  |  | 286,664 |  |  | (42,704 | ) |  | 243,960 |
Non-compete |  | 3,015 |  |  | (2,768 | ) |  | 247 |  |  | 3,025 |  |  | (2,807 | ) |  | 218 |
Technology |  | 77,755 |  |  | (14,033 | ) |  | 63,722 |  |  | 77,779 |  |  | (12,229 | ) |  | 65,550 |
Trademarks |  | 2,003 |  |  | (1,257 | ) |  | 746 |  |  | 2,003 |  |  | (1,236 | ) |  | 767 |
Licenses |  | 1,484 |  |  | (1,196 | ) |  | 288 |  |  | 1,477 |  |  | (1,187 | ) |  | 290 |
Total |  | $ | 523,306 |  |  | $ | (68,431 | ) |  | $ | 454,875 |  |  | $ | 523,432 |  |  | $ | (61,116 | ) |  | $ | 462,316 |

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- Definition Tabular disclosure of impaired intangible assets excluding goodwill. This may include a description of the facts and circumstances leading to the recording of impairment charges of intangible assets in the period, the amount of the impairment charges, the methods of determining fair value of the associated assets, the caption in the income statement in which the impairment losses are aggregated, and the segment in which the impaired intangible assets are reported. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16373-109275 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=84161108&loc=d3e4845-128472 + Details
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